California Custom Fruits and Flavors, a food processing company, will make its debut in the Midwest by opening a manufacturing facility in Greenwood, Indiana. The new facility will create up to 24 new full-time positions.
"After much research, it became evident that Indiana was the best business and tax environment of any Midwest state within the region we were searching," James Fragnoli, CFO of California Custom Fruits and Flavors says in a statement. "Additionally, Indiana has the most favorable workers’ compensation rates and most highways and byways of any state in the Midwest. Greenwood is the perfect location within the Indianapolis area to set up our new facility."
The Los Angeles-based company will invest over $11 million to construct, equip and furnish a 65,000 square-foot state of the art manufacturing facility, allowing the company to increase its production capacity of processed fruit. The new facility will place California Custom Fruits and Flavors closer to its Midwest clients and plans to be fully operational by the first quarter of next year, Area Development reports.
The company was offered up to $160,000 in conditional tax credits from the Indiana Economic Development Corporation based on the company's job creation plans, Area Development reports. The credits will be performance-based, so until the company hires Indiana-based employees it will not be able to claim incentives.
“We’re thrilled to welcome California Custom Fruits and Flavors to the Hoosier state,” says Lieutenant Governor Suzanne Crouch, Indiana Secretary of Agriculture and Rural Development. “Our state’s business-friendly atmosphere and diverse agriculture industry, combined with a sophisticated transportation network, makes Indiana an excellent destination for their first Midwest operation.”
